Kotak Mahindra Bank India - Personal Loans
Kotak Mahindra Bank offers a range of personal loans to suit the diverse needs of its customers. Whether you need funds for a wedding, vacation, home renovation, or any other personal expenses, Kotak Mahindra Bank has got you covered.
Types of Personal Loans
- Personal Loan for salaried individuals
- Personal Loan for self-employed individuals
- Personal Loan Balance Transfer
Features and Benefits
- Quick approval and disbursal of loan amount
- Flexible repayment options
- Competitive interest rates
- No collateral or security required
- Minimal documentation and hassle-free application process
- Loan tenure ranging from 12 to 60 months
Eligibility Criteria
The eligibility criteria for availing a personal loan from Kotak Mahindra Bank may vary depending on the type of loan and the applicant's profile. Generally, salaried individuals should have a minimum monthly income of Rs. 20,000, while self-employed individuals should have a minimum annual income of Rs. 3 lakhs.
Documents Required
The following documents are typically required to apply for a personal loan from Kotak Mahindra Bank:
- Identity proof (Aadhar card, PAN card, Passport, Voter ID, etc.)
- Address proof (Utility bills, rent agreement, Aadhar card, etc.)
- Income proof (Salary slips, bank statements, ITR, etc.)
- Passport-sized photographs
How to Apply
Interested individuals can apply for a personal loan from Kotak Mahindra Bank through the bank's website, mobile app, or by visiting a branch. The application process is simple and straightforward, and the bank's representatives are available to assist applicants at every step.
Contact Information
For more information about personal loans from Kotak Mahindra Bank, customers can contact the bank's customer service helpline at 1800 209 0000 or visit the nearest branch.
